Hospitalist wealth, debt in 2024: 8 things to know

A plurality of hospitalists (28%) have a net worth of less than $500,000, according to Medscape's "Hospitalist Wealth & Debt Report," published Sept. 6.

Here are seven additional takeaways about hospitalist wealth and debt in 2024: 

1. About 30% of hospitalists have a net worth of over $2 million. 

2. About 37% of male hospitalists have a net worth of over $2 million, compared to just 24% of female hospitalists. 

3. The largest debt held by hospitalists is a mortgage on a primary residence (63%). 

4. Hospitalists suffered the largest amount of losses through bad investments in the stock market (20%). 

5. About 26% of hospitalists believe their financial portfolio will decline in the next year, while 28% believe it will grow. 

6. The large majority of hospitalists report living either within or below their means. 

7. A plurality of hospitalists (26%) either have no mortgage or a mortgage that is paid off already.

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